Rent appropriation of knowledge-based assets and firm performance when institutions are weak: A study of Chinese publicly listed firms

    Xuesong Geng
    Xuesong Geng
    Yangxin Yu
    Yangxin Yu

    Strategic Management Journal, pp. 892-911, 2017.

    Cited by: 6|Bibtex|Views0|

    Abstract:

    Research summary: A firmu0027s strategic investments in knowledge-based assets through research and development (Ru0026D) can generate economic rents for the firm, and thus are expected to affect positively a firmu0027s financial performance. However, weak protection of minority shareholders, weak property rights, and ineffective law enfo...More

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